Cryptocurrency Q&A
How many pips is 0.1 lot?
How many pips is 0.1 lot?
Carlo
Tue Dec 17 2024
|
6 answers
1039
I'm trying to understand the relationship between pips and lots in trading. Specifically, I want to know how many pips are equivalent to 0.1 lot. Can someone explain this to me?
6 answers
Daniele
Thu Dec 19 2024
For a trade involving 0.1 of a standard lot, the profit generated by one pip is scaled down accordingly.
Was this helpful?
142
47
CryptoQueen
Thu Dec 19 2024
To illustrate, the gain from one pip in a 0.1 standard lot trade is the same as the profit from one pip in a 1 mini lot trade.
Was this helpful?
302
58
SolitudeNebula
Thu Dec 19 2024
Entering a trade with a lot size of 0.1 will result in a corresponding decrease in the pip amount.
Was this helpful?
126
20
CryptoPioneer
Thu Dec 19 2024
Specifically, the pip amount decreases by ten times when compared to a trade with a full standard lot.
Was this helpful?
306
32
GeishaMelody
Thu Dec 19 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
Was this helpful?
84
57
Load 5 more related questions
